Japanese promoter Sumitomo sells 4.4 percent stake in Samvardhana in Rs 3,630-crore bulk deal - The Economic Times
| SUMA Stock | EUR 19.90 0.06 0.30% |
Roughly 55% of Sumitomo's investor base is interested to short. The analysis of current outlook of investing in Sumitomo suggests that many traders are impartial regarding Sumitomo's prospects. The current market sentiment, together with Sumitomo's historical and current headlines, can help investors time the market. In addition, many technical investors use Sumitomo stock news signals to limit their universe of possible portfolio assets.
Sumitomo stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Sumitomo daily returns and investor perception about the current price of Sumitomo as well as its diversification or hedging effects on your existing portfolios.
Sumitomo |
Japanese promoter Sumitomo sells 4.4 percent stake in Samvardhana in Rs 3,630-crore bulk deal The Economic Times
Read at news.google.com
 |
Sumitomo Fundamental Analysis
We analyze Sumitomo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Sumitomo is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Sumitomo Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sumitomo stock to make a market-neutral strategy. Peer analysis of Sumitomo could also be used in its relative valuation, which is a method of valuing Sumitomo by comparing valuation metrics with similar companies.
Peers
Sumitomo Related Equities
| 2DG | SIVERS SEMICONDUCTORS | 22.22 | ||||
| INVN | Identiv | 3.72 | ||||
| TAX | Takara Holdings | 3.38 | ||||
| 8SP | Superior Plus | 1.43 | ||||
| INL | Intel | 0.85 | ||||
| TLX | Talanx AG | 0.06 | ||||
| TM9 | NorAm Drilling | 0.35 | ||||
| NOH1 | Norsk Hydro | 0.51 | ||||
| 6NM | NMI Holdings | 0.53 | ||||
| 39O1 | Origin Agritech | 5.47 |
Complementary Tools for Sumitomo Stock analysis
When running Sumitomo's price analysis, check to measure Sumitomo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sumitomo is operating at the current time. Most of Sumitomo's value examination focuses on studying past and present price action to predict the probability of Sumitomo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo's price. Additionally, you may evaluate how the addition of Sumitomo to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |